Eaton Vance Closed-End Municipal Bond Funds Fund Data Now Available.BOSTON Boston, town, England Boston, town (1991 pop. 26,495), E central England, on the Witham River. Boston's fame as a port dates from the 13th cent., when it was a Hanseatic port trading wool and wine. Having recovered from a decline in the 18th and 19th cent. -- Eaton Vance Eaton Vance is an American financial services company headquartered in Boston, MA. It is traded on the New York Stock Exchange under the symbol EV.[1] At the end of the second quarter of the 2006 fiscal year, the company had assets under management of $118.8 billion. Management today disclosed certain data for the Eaton Vance closed-end closed-end adj. Issuing a fixed number of shares that can be traded publicly but are not redeemable by the issuer: a closed-end investment company. municipal bond funds Municipal Bond Fund A mutual fund that invests in municipal bonds, operating either as an investment trust or as an open-end fund. Notes: Because the bonds are local government issues, they usually help to maximize tax-exempt income. (the "Funds"): Earnings per Common Share - The average monthly net investment income per common share (after payment of preferred dividends preferred dividend n. a payment of a corporation's profits to holders of preferred shares of stock. (See: preferred stock) ) for the three months ended December December: see month. 31, 2005; Dividend per Common Share - The monthly dividend per common share paid in December 2005; Undistributed Adj. 1. undistributed - (of investments) not distributed among a variety of securities undiversified - not diversified Net Investment Income (UNII UNII Unlicensed National Information Infrastructure UNII Undistributed Net Investment Income (closed-end mutual funds) ) per Common Share - The average balance at month end of undistributed net investment income per common share (net of pending distributions) for the three months ended December 31, 2005; and Leverage - The ratio of outstanding auction rate preferred shares Preferred shares Preferred shares give investors a fixed dividend from the company's earnings and entitle them to be paid before common shareholders. See: Preferred stock. (a source of the Funds' financial leverage) to total assets as of December 31, 2005. This information will continue to be released on a quarterly basis going forward. Earnings and UNII will fluctuate over time due to fund activity and /or market factors. The funds are managed by Eaton Vance Management. Eaton Vance and its affiliates had approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. $112 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. on December 31, 2005. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance at 617-482-8260. For more complete information about a fund, including risks, charges, and expenses, please contact your financial adviser.
Closed-End Fund Earnings Data as of December 31, 2005
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Earnings and UNII are 3 month averages unless indicated
3 Month 3 Month
Avg. December Avg.
Earnings/ Dividend/ UNII/
Fund Ticker Share Share Share Leverage(a)
---- ------ --------- --------- -------- -----------
Eaton Vance Municipal
Income Trust EVN $0.0750 $0.0842 $0.0410 34.3%
Eaton Vance Insured
Municipal Bond Fund EIM $0.0671 $0.0743 $0.0424 37.5%
Eaton Vance Insured
Municipal Bond Fund II EIV $0.0713 $0.0834 $0.0544 36.5%
Eaton Vance California
Municipal Income Trust CEV $0.0655 $0.0672 $0.0544 34.4%
Eaton Vance Insured
California Municipal
Bond Fund EVM $0.0641 $0.0645 $0.0418 37.9%
Eaton Vance Insured
California Municipal
Bond Fund II EIA $0.0660 $0.0705 $0.0476 37.1%
Eaton Vance Florida
Municipal Income Trust FEV $0.0644 $0.0680 $0.0297 35.4%
Eaton Vance Insured
Florida Municipal Bond
Fund EIF $0.0636 $0.0700 $0.0295 37.1%
Eaton Vance
Massachusetts
Municipal Income Trust MMV $0.0631 $0.0658 $0.0471 33.9%
Eaton Vance Insured
Massachusetts Municipal
Bond Fund MAB $0.0650 $0.0790 $0.0771 36.9%
Eaton Vance Michigan
Municipal Income Trust EMI $0.0619 $0.0663 $0.0353 35.6%
Eaton Vance Insured
Michigan Municipal
Bond Fund MIW $0.0642 $0.0790 $0.0315 37.4%
Eaton Vance New Jersey
Municipal Income Trust EVJ $0.0649 $0.0646 $0.0412 34.9%
Eaton Vance Insured New
Jersey Municipal Bond
Fund EMJ $0.0672 $0.0800 $0.0715 36.5%
Eaton Vance New York
Municipal Income Trust EVY $0.0665 $0.0758 $0.0627 33.9%
Eaton Vance Insured New
York Municipal Bond
Fund ENX $0.0636 $0.0638 $0.0319 38.0%
Eaton Vance Insured New
York Municipal Bond
Fund II NYH $0.0616 $0.0698 $0.0335 36.0%
Eaton Vance Ohio
Municipal Income Trust EVO $0.0632 $0.0676 $0.0366 35.5%
Eaton Vance Insured
Ohio Municipal Bond
Fund EIO $0.0623 $0.0610 $0.0228 37.0%
Eaton Vance
Pennsylvania Municipal
Income Trust EVP $0.0613 $0.0750 $0.0399 35.2%
Eaton Vance Insured
Pennsylvania Municipal
Bond Fund EIP $0.0649 $0.0700 $0.0295 36.7%
(a) Based on total assets. Leverage achieved through the issuance of
auction rate preferred shares. Use of financial leverage creates an
opportunity for increased income, but at the same time creates special
risks (including the likelihood of greater volatility of net asset
value and market prices of common shares).
Each Municipal Income Trust paid a monthly dividend on December 19, 2005 to shareholders of record on December 12, 2005. Each Insured Municipal Bond Fund paid a monthly dividend on December 29, 2005 to shareholders of record on December 22, 2005. Please note that the monthly dividend for January January: see month. 2006 was reduced for 15 of the 21 funds. Those dividend reductions are not reflected in the data presented above. |
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